“Spain scrapped the threat of forced liquidation for companies that run up major losses this year as part of a series of changes announced by the government to stave off insolvencies amid the economic turmoil caused by the coronavirus.” – by Irene Garcia Perez
Liquidity
ECB Heads for Peak Liquidity as Euro-Area Stimulus Tools Top Out (Bloomberg)
The euro zone’s era of massive excess liquidity, courtesy of the European Central Bank, is about to peak. In a speech on Thursday, ECB Chief Economist Peter Praet presented a model that projects excess liquidity will peak at about 2 trillion euros around the end of this year and drop below 500 billion euros in […]